Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama - 2023

Contents:

1. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama (CIF) - 2022
2. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama (FOB) - 2022
3. Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama
4. Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama (CIF) - 2022

In 2022, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $3,373 per ton, increasing by 19% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses increased by +58.9% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Free Zones ($5,321 per ton), while the price for China ($2,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,021 per ton, approximately equating the previous year. In general, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21%. Over the period under review, the average export prices hit record highs at $2,636 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Ecuador ($2,117 per ton) and Costa Rica ($2,034 per ton), while the average price for exports to Peru ($1,911 per ton) and Venezuela ($2,007 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama

In 2022, approx. 111 tons of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses were imported into Panama; shrinking by -20.2% compared with 2021. Overall, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses dropped to $373K in 2022. In general, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 54%.

Top Suppliers of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms to Panama in 2022:

1. United States (48.2 tons)
2. China (28.1 tons)
3. Germany (21.9 tons)
4. Ecuador (8.1 tons)
5. Free Zones (2.3 tons)

Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Panama

In 2022, the amount of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses exported from Panama was estimated at 127 tons, almost unchanged from the previous year's figure. Overall, exports faced a precipitous setback. The smallest decline of -47.7% was in 2020.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $258K in 2022. Over the period under review, exports saw a precipitous descent. The smallest decline of -49.2% was in 2020.

Top Export Markets for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms from Panama in 2022:

1. Colombia (103.6 tons)
2. Ecuador (9.4 tons)
3. Peru (6.8 tons)
4. Venezuela (5.3 tons)
5. Costa Rica (2.3 tons)

Source: IndexBox Market Intelligence Platform